Big disclosure about British economy, Indians contribute most
Big disclosure about British economy, Indians contribute most
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Britain: Indian people are becoming great by making the biggest contribution in upgrading the place they went to. Another case has come up recently which is from Britain where companies owned by overseas Indians have made exemplary contributions to the British economy. These companies have paid more than one billion pounds (Rs 9306 crore) corporation tax and have given jobs to 1.74 lakh people.

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This is the first research report of its kind that has been released under the name The Diaspora Effect'. According to the report, these companies jointly contribute revenues of £ 36.84 billion (Rs 3.42 lakh crore) to the British economy. The report analyzes data from 654 British companies owned by Indian expatriates, whose turnover is one million pounds.

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It is also being said that this report has been produced by Grant Thornton UK jointly with the London-based High Commission of India and the Federation of Indian Chambers of Commerce and Industry (FICCI, UK). Whereas Indian High Commissioner Ruchi Ghanshyam said that this report does not claim to keep a record of the full contribution of all businesses owned by Indian expatriates but it contains a complete account of more than 650 big businesses.

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